COVID-19 funds: PH eyes $5.7B in foreign loans, supplemental budget
More than P288 billion in loans from multilateral lenders in the pipeline on top of a supplemental 2020 budget to be requested from Congress will boost the Philippines’ war chest…
Rizal Memorial Stadium ready to accept initial 116 COVID-19 patients
Rizal Memorial Stadium retrofitted by tycoon Ricky Razon into a temporary COVID-19 treatment facility The group of tycoon Enrique Razon Jr. has completed the first phase conversion of the Rizal…
Asian shares mostly lower on worries about pandemic damage
TOKYO — Asian shares were mostly lower, gyrating in early Wednesday trading amid uncertainty over the coronavirus outbreak, which continues to claim more lives around the world. A man looks…
SEC flags 5 illegal investment schemes
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission has flagged five more entities that are illegally soliciting investments from the public, taking advantage of the current COVID-19…
PruLife UK offers free 45-day COVID-19 insurance
Life insurer Pru Life UK is offering free one-time 45-day COVID-19 protection and personal accident coverage to 500,000 Filipinos, aiming to help ease the emotional distress and financial burden during…
A stock rally fizzles out on Wall Street; oil prices plunge
NEW YORK — A big rally on Wall Street suddenly vanished Tuesday, the latest twist for a market dominated by sharp swings amid the coronavirus outbreak. In this image taken…
15 PH tycoons among the world’s richest
Manuel Villar Jr.: Self-made billionaire Fifteen business tycoons from the Philippines – led by the “brown taipan” Manuel Villar for the second straight year – are among the wealthiest people…
GSIS, SSS move members’ payment deadlines to June 1 as COVID-19 relief
The country’s two state-run pension funds on Tuesday (April 7) announced relief for members with loans and those in the private sector worrying about meeting the deadline of their regular…
P30B in COVID-19 grant to reach cities, towns on April 8, says budget chief
Cities and municipalities will get their share of the P30.824-billion grant from the national government for COVID-19 response on Wednesday (April 8), Budget Secretary Wendel E. Avisado said. The guidelines…
Independent petroleum firm provides free fuel for hospitals to help fight COVID-19
Independent petroleum distributor SEAOIL said on Tuesday (April 7) that it will provide free fuel vouchers to hospitals for the use of their ambulances and frontliners who are involved in…